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CDFM MODULE 2 PROCTORED ACTUAL EXAM 2026 COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS DETAILED ANSWERS ALREADY GRADED A PLUS 100 PERCENT GUARANTEED TO PASS CONCEPTS

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CDFM MODULE 2 PROCTORED ACTUAL EXAM 2026 COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS DETAILED ANSWERS ALREADY GRADED A PLUS 100 PERCENT GUARANTEED TO PASS CONCEPTS

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CDFM - Certified Defense Financial Manager
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Institution
CDFM - Certified Defense Financial Manager
Course
CDFM - Certified Defense Financial Manager

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Uploaded on
January 20, 2026
Number of pages
55
Written in
2025/2026
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CDFM MODULE 2 PROCTORED ACTUAL EXAM
2026 COMPLETE QUESTIONS AND CORRECT
VERIFIED ANSWERS DETAILED ANSWERS
ALREADY GRADED A PLUS 100 PERCENT
GUARANTEED TO PASS CONCEPTS


◉Department of Defense principal resource management organization.
Answer: Defense Resourses Board


◉Principal forum for consideration of national security and foreign
policy matters. Answer: National Security Council


◉Which of the following documents are not part of the PPBS System.
Answer: Program Budget Memorandum


◉Summarizes all forces, resources, and equipment associated with
programs approved by the SECDEF. Answer: Future Years Defense
Program


◉This document assesses present threat, defense policy, strategy,
resource planning, and provides fiscal guidance. Answer: Defense
Planning Guidance

,◉Funds that are postponed or withheld from obligation until released by
OMB. Answer: Deferral


◉Obligating documents include: Answer: Contracts Military
Interdepartmental Purchase
Project Orders Economy Orders


◉DoD Appropriation valid for five years. Answer: Shipbuilding and
Conversion


◉Selling prices established in the budget are stabilized or fixed during
execution. Answer: Defense Working Capital Fund


◉Monies not appropratied by Congress that are generated primarily
from the sale of goods and services are know as what? Answer: Non-
Appropriated Funds


◉Budget committees report First Concurrent Resolution by: Answer:
April 15


◉What OMB Circular governs the Instruction of Budget Execution?
Answer: OMB Circular A-34

,◉Which Standard Deviation reflects that 95% of the sample represents
the population? Answer: 2 Standard Deviation


◉The learning curve theory states: Answer: As the quantity of a product
produced doubles, the man hours needed decreases at a fixed rate


◉Which cost estimating methods is known as the statistical method?
Answer: Parametric Approach


◉What is the name of the process in which a government entity remains
fully responsible for the provision of affected services and maintains
control over management decisions, while another entirty operate the
function or performs the service? Answer: Outsourcing


◉This act requires all expenditures must be tied to annual performance
goals and objective. Answer: Government Performance and Results Act


◉The Food and Forage Act is: Answer: 41 U.S.C. 11


◉The process used to acquire, allocate, account for, and analyze
personnel and financial resources for the Department of Defense (DoD)
is a: Answer: Biennial process.


◉The PPBS was initiated by: Answer: Secretary McNamara in the
1960s.

, ◉The principal resource management organization for the Department
of Defense is: Answer: Defense Resources Board (DRB).


◉The Defense Resources Board (DRB): Answer: 1 Reviews guidance
for planning and programming. 2 Evaluates high-priority programs.
3 Considers effect of resource decisions on baseline cost, schedule,
performance of major acquisition programs.
4 Is the Department of Defense principal resource management
organization.


◉The Program Review Group: Answer: Is a working group subordinate
to the Defense Resources Board (DRB). Identifies major issues, analyzes
them and develops decision options for the DRB. Is chaired by the
Director PA&E.


◉The Defense Acquisition Board (DAB): Answer: ...


◉The Joint Requirements Oversight Council (JROC): Answer:
Explores new alternatives for assessing joint military war fighting
capabilities and requirements.


◉When realigning funds from planned requirements to unfunded
requirements: Answer: The unfunded requirement must be
unanticipated and a higher priority than a funded requirement.
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